But what can be something negative for many can also become an opportunity for many others, it is essential to understand that what may seem dark is not always so.
In this article we will explain which are the best cryptocurrencies to buy during the crash.
As we well know, one of the most important rules within the markets is that when the value of an asset falls and is at minimum values, the golden rule is to go out and buy at low values.
In this sense of ideas, it is how we have been able to see how several consumers in the crypto market have chosen to go out and buy various cryptocurrencies, but it is essential to understand that when acquiring new cryptocurrencies, various factors must be analyzed, such as
- The future projection of the value of the cryptocurrency
- The evolution of the project behind the cryptocurrency
- The type of cryptocurrency I am buying
- The market cap or market dominance that it has
Some of the most recommended cryptocurrencies to buy at the present time are
Cardano ADA
Cardano is one of the oldest cryptocurrencies in the crypto market, having been created in 2015, the project that supports the cryptocurrency is one of the strongest.
The Cardano blockchain project is positioned as one of the blockchain technologies with the greatest future projection.
Having reached a value of 0.47 and being down 18 percent from last month, it is an excellent option for consumers to purchase cryptocurrency.
Revo Token
Revo token is the native token of Revomon, one of the most promising projects in recent months.
Revomon is a metaverse which combines the experience of NFT technology together with the user experience of Play to Earn games.
The live price of Revo Token is $0.070922 USD with a 24-hour trading volume of $59,988.92 USD.
The cryptocurrency boasts a market capitalization of $1,759,585 USD. It has a circulating supply of 24,810,137 REVO coins and a maximum supply of 100,000,000 REVO coins.
Where to get them?
As we well know, cryptocurrencies can be bought or sold on various centralized and decentralized exchanges.
Within the Latin American markets we can see how local exchanges usually have an average listing between 5 to 15 cryptocurrencies.
While international exchanges can count 200 to 400 cryptocurrencies on their listings.
The best exchanges to buy cryptocurrencies like REVO and ADA are Binance and Phemex.
Binance is one of the largest exchanges in the world, with various buying and selling possibilities.
Phemex is reaching the Latin American market, offering more than 200 different cryptocurrency options, the user will be able to acquire from Cardano to Revo.
In this sense, it is how we can see how what can be a trick for thousands of investors can become a golden opportunity for millions of other consumers in the crypto market.
Business development & PR Manager at Phemex.
Source: Ambito